SEC Form 4 · accession 0001562180-18-000739
Waste Connections, Inc. · WCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick James Shea
Officer — Sr. VP, General Counsel & Sec
Period of report
Feb 11, 2018
Accepted (ET)
Feb 13, 2018 · 2:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001318220
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Feb 11, 2018 | M | 3,056 | $0.00 | A | 36,408 | D | |
| Common Shares | Feb 11, 2018 | F | 800 | $66.76 | D | 35,608 | D | |
| Common Shares | Feb 12, 2018 | M | 3,925 | $0.00 | A | 39,533 | D | |
| Common Shares | Feb 12, 2018 | F | 956 | $67.85 | D | 38,577 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2 | $0.00 | Feb 11, 2018 | M | 3,056 | D | — | — | Commons Shares | 3,056 | 6,110 | D |
| Restricted Share UnitsF3 | $0.00 | Feb 12, 2018 | M | 3,925 | D | — | — | Common Shares | 3,925 | 3,927 | D |
Explanation of responses
- F1Represents shares withheld by the Issuer in satisfaction of the applicable withholding taxes due in connection with the vesting of restricted share units and delivery of the converted common shares.
- F2Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 11, 2016 and have a vesting schedule of 25% per year over a four-year period. The common shares are reported on Table 1.
- F3Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 12, 2015 and have a vesting schedule of 25% per year over a four-year period. The common shares are reported on Table 1.